Oliver Crossing Apartments

1329 Coalter St, Richmond, Virginia 23223

Contact Oliver Crossing Apartments

Oliver Crossing offers newly renovated one through three bedroom apartment homes with spacious floor plans and modern bright kitchens. The community is within walking distance to downtown Richmond's shopping and dining and features a community room with planned resident events, a playground, easy access to major highways and public transportation, and much more.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price

Eligibility for Oliver Crossing Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Richmond but actual income limits may differ for units at Oliver Crossing Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$22,400	$25,600	$28,800	$32,000	$35,140	$40,280
50%	$37,350	$42,650	$48,000	$53,300	$57,600	$61,850
80%	$59,750	$68,250	$76,800	$85,300	$92,150	$98,950

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Richmond but actual income limits may differ for units at Oliver Crossing Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$37,350	$42,650	$48,000	$53,300	$57,600	$61,850
Low Income (60%)	$44,820	$51,180	$57,600	$63,960	$69,120	$74,220

Oliver Crossing Apartments Details

224 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Tot Lot
Community Room
Online Payments Accepted
Energy Star Appliances
24 Hour Maintenance
Courtesy Patrol
On-Site Laundry

Unit Amenities

Air Conditioning
Utilities Included
Window Coverings
Spacious floor plans
Fully Equipped Kitchen
New and Renovated Interior

Nearby Amenities

Close to Public Transportation

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.